Long-term Capital Market Assumptions 2017 Theme-Credit cycles
In this paper, we assess the potential risks associated with such a strategy by stressing capital requirements using spread-implied ratings.
Eye on the Market: The Verdict
Assessing the impact and possible evolution of Fed policy
Over the past few weeks, futures markets have begun pricing in an increasing chance that the Federal Reserve (Fed) will cut interest rates at its July meeting. This has also been reflected in the cash bond market, where yields out to the 6-month maturity
Market participants remain focused on downside risks, leading pessimism, rather than optimism, to permeate the investment landscape
We have now seen actions, rather than just rhetoric, on U.S. China trade in a broad sense. While it will take markets some time to fully and appropriately price in the impact, it was encouraging to see markets not react too poorly to the first round of ta
A relatively benign G20 summit and expectations for easier financial conditions ahead have boosted demand for emerging market debt. However, areas of value can still be found.
After a long and brutal U.S. Presidential election campaign, Donald Trump has emerged victorious, with Hillary Clinton conceding in the early hours of the morning, and Trump congratulating her on a hard-fought campaign.